Amazing opportunity to own & invest in SE Boise! Located just blocks away from BSU, and in close proximity to the Boise airport, Micron, the hospitals, & the lively Boise downtown scene, making this property ideal! This property has three separate apartments. All are 1 bedroom & 1 bath, with full kitchens. Each apartment has their own meter & the tenants pay for the gas & power utilities. All units have been updated within the last 10 years and the main water line from home to street has been replaced & updated. There are 2-3 parking spots behind the backyard in the alley & there is on-street parking in the front of the property. There is a new and convenient laundry facility just across the street on Broadway Ave. All 3 apartments are rented & the vacancy rate has been minimal over the last decade, due to it's incredible location! The cap rate is around 5.8% & has a potential of about 6.4%. Brand new commercial grade water heater installed 2/21/25
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Price Unknown
1608 S Denver Ave, Boise, ID 83706
3beds
3baths
1,740sqft
Triplex, Multi Family
Built in 1926
-- sqft lot
$552,900 Zestimate®
$--/sqft
$1,752 Estimated rent
Home value
$552,900
$514,000 - $597,000
$1,752/mo
Zestimate® history
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Full kitchensOn-street parking
Zillow last checked:
Listing updated:
Listed by:
Alexandria Danilovitch 208-841-9890,
Coldwell Banker Tomlinson
Bought with:
Leslie Newman
Boise Premier Real Estate
Source: IMLS,MLS#: 98934106
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Heating
- Electric
Cooling
- Wall/Window Unit(s), All Units
Appliances
- Included: Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (No Units)
- Laundry: Washer/Dryer Hookups (No Units)
Features
- Unit 1 Baths: 1, Unit 2 Baths: 1, Unit 3 Baths: 1
- Flooring: Engineered Vinyl Plank
- Basement: Walk-Out Access,Daylight
Interior area
- Total structure area: 1,740
- Total interior livable area: 1,740 sqft
Property
Parking
- Total spaces: 3
Features
- Fencing: Full
Lot
- Size: 6,098 Square Feet
- Dimensions: 125 x 50
- Features: Standard Lot 6000-9999 SF, Near Public Transit, Irrigation
Details
- Parcel number: R1955001540
- Zoning: R-2D
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Frame, Stucco
- Foundation: Slab
- Roof: Metal
Condition
- Year built: 1926
Utilities & green energy
- Gas: Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter
- Water: Public
Community & HOA
Community
- Subdivision: Dundee
Location
- Region: Boise
Financial & listing details
- Tax assessed value: $561,800
- Annual tax amount: $5,839
- Date on market: 1/24/2025
- Listing terms: Cash,Consider All,Conventional,1031 Exchange,FHA,Private Financing Available,VA Loan,Other
- Ownership: Fee Simple
- Total actual rent: 2765
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,161 -11.5% | $561,800 -1.2% |
| 2024 | $5,830 +24.3% | $568,700 -6.8% |
| 2023 | $4,690 +5.4% | $610,500 +13.1% |
| 2022 | $4,452 +16.7% | $539,800 +32.8% |
| 2021 | $3,816 -6.6% | $406,400 +26.4% |
| 2020 | $4,087 +6.6% | $321,400 +6.7% |
| 2019 | $3,835 +109.8% | $301,200 +19.2% |
| 2018 | $1,828 +16.9% | $252,600 +17.8% |
| 2017 | $1,564 | $214,400 +13% |
| 2016 | $1,564 | $189,800 +11.1% |
| 2015 | $1,564 +31% | $170,800 +39.9% |
| 2012 | $1,194 -53.1% | $122,100 -12% |
| 2011 | $2,543 +1% | $138,700 -5.3% |
| 2010 | $2,518 +1.6% | $146,400 -6.7% |
| 2009 | $2,477 | $156,900 -2.4% |
| 2007 | -- | $160,800 +30.5% |
| 2006 | -- | $123,200 +20% |
| 2003 | $918 +9.2% | $102,700 +5.8% |
| 2002 | $840 +4.4% | $97,100 +10.5% |
| 2001 | $805 | $87,900 |
Find assessor info on the county website
Neighborhood: Southeast Boise
Nearby homes
- $363,3002 bd1 ba900 sqft1604 S Denver Ave, Boise, ID 83706Off Market
- $466,2003 bd2 ba1.3k sqft1612 S Denver Ave, Boise, ID 83706Off Market
- $502,8004 bd2 ba1.3k sqft1622 S Denver Ave, Boise, ID 83706Off Market
- $339,1002 bd1 ba900 sqft1602 S Denver Ave, Boise, ID 83706Off Market
- $771,0004 bd4 ba2.2k sqft1614 S Denver Ave, Boise, ID 83706Off Market
- $305,2002 bd1 ba721 sqft1616 S Denver Ave, Boise, ID 83706Off Market
- $755,3004 bd4 ba2.1k sqft1616 S Denver Ave, Boise, ID 83706Off Market
- $189,0006,098 sqft1611 S Broadway Ave, Boise, ID 83706Off Market
Nearby schools
GreatSchools rating
- 3/10Garfield Elementary SchoolGrades: PK-6Distance: 0.3 mi
- 9/10East Junior High SchoolGrades: 7-9Distance: 4.5 mi
- 9/10Timberline High SchoolGrades: 10-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Garfield
- Middle: East Jr
- High: Timberline
- District: Boise School District #1
Source: IMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$552,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$552,900
- Idaho
- Ada County
- Boise
- 83706
- Southeast Boise
- 1608 S Denver Ave
